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Fly News Breaks for October 28, 2016
HBI
Oct 28, 2016 | 08:56 EDT
Brean Capital analyst Eric Tracy said the risk/reward for Hanesbrands remains favorable following its Q3 results. The analyst cited the expected acceleration of core revenues, increasing manifestation of acquisition synergies, and improving inventory and operating cash flow. Tracy reiterated his Buy rating and $35 price target on Hanesbrands shares.
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